PART II SPECIFIED ACTIVITIES
F1Chapter 6ACredit Broking
Exclusions
F2Activities in relation to certain agreements relating to land36E
1
There are excluded from article 36A activities carried on with a view to an individual or a relevant recipient of credit entering into an investment property loan, as defined in article 61A(6) (mortgage contracts which are not regulated mortgage contracts).
2
There are excluded from article 36A activities of a kind specified by article 25A (arranging regulated mortgage contracts) or 25C (arranging regulated home purchase plans).
3
There are excluded from article 36A other activities not excluded by paragraph (1) or (2) which consist of effecting an introduction with a view to an individual or relevant recipient of credit entering into a relevant agreement, if the person to whom the introduction is made is an authorised person who has permission to—
a
enter into such an agreement as lender or home purchase provider (as the case may be), or
b
make an introduction to an authorised person who has permission to enter into such an agreement as lender or home purchase provider (as the case may be).
4
In paragraph (3) “relevant agreement” means a regulated mortgage contract or a regulated home purchase plan.
Pt. II Ch. 6A, 6B inserted (26.7.2013 for specified purposes, 1.4.2014 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2013 (S.I. 2013/1881), art. 1(2)(6), 4